Maybe Wyckoff ??
Updated
Hi there ;
to those of u who are familiar with Wyckoff, as i have just recently started getting into this type of analysis , maybe we can make some sense out of this market moves .
- it seems like phase A has been successfully accumulated supply and the diminished volume in mark-downs , make it seem promising .
- as now we enter phase B , we will attempt a rally up into 26300 key zone . then we'll see what's what in later idea updates that i'll provide .
Keep in touch !
to those of u who are familiar with Wyckoff, as i have just recently started getting into this type of analysis , maybe we can make some sense out of this market moves .
- it seems like phase A has been successfully accumulated supply and the diminished volume in mark-downs , make it seem promising .
- as now we enter phase B , we will attempt a rally up into 26300 key zone . then we'll see what's what in later idea updates that i'll provide .
Keep in touch !
Note
first objective reached , now taking a short on 26100 mark is my next trade, keep in touch !
Note
ST in phase B is happening , we might see some really crazy bearish volumes here ,but i believe it will go higherNote
so now i expect a 8-10 day of consolidation between the yellow lines , the volume will be diminished , but there will still be good scalping opportunities !!Order cancelled
alright things have changed with FTX selling its assets, now any mark up is a good selling opportunity and i don't recon any phase C, D and E to come .Note
putting a sell limit at 26400 makes sense
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